Thunder Bay, Ontario local economy

13th

percentile among Canada metros

▼ -1.6 3-month trend

Thunder Bay, Ontario ranks in the 13th percentile of Canada metro areas as of September 2026, with momentum falling over the past 12 months.

Building permits

Dwelling units authorized by permit was 47 in June 2026, up 74.1% from May 2026 and down 13.0% from June 2025.

Employment

Payrolled or covered employment was 66,600 in August 2026, flat 0.6% from July 2026 and flat 0.3% from August 2025.

Dwelling units authorized by permit was 47 in June 2026, up 74.1% from May 2026 and down 13.0% from June 2025. Payrolled or covered employment was 66,600 in August 2026, flat 0.6% from July 2026 and flat 0.3% from August 2025. No current data is available for New business applications or registrations in Thunder Bay, Ontario.

Frequently asked questions

How does Thunder Bay, Ontario rank among Canada metro areas?
Thunder Bay, Ontario ranks in the 13th percentile of Canada metro areas as of September 2026, with momentum falling over the past 12 months.
What is the dwelling units authorized by permit in Thunder Bay, Ontario?
Dwelling units authorized by permit in Thunder Bay, Ontario was 47 in June 2026.
What is the payrolled or covered employment in Thunder Bay, Ontario?
Payrolled or covered employment in Thunder Bay, Ontario was 66,600 in August 2026.

Nearby and related

Sources and methodology

Method: 2026.09. Updated 2026-09-10. Coverage: 70% of weighted components available.

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Thunder Bay, Ontario local economy score, via LocalEconomy.com
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Thunder Bay, Ontario local economy indicators. LocalEconomy.com. Retrieved 2026-10-09 from https://localeconomy.com/ca/metro/thunder-bay-ontario/